48305 Pic WayIndioCA92201
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Indio at 48305 Pic Way, Indio, CA, 92201 priced at $639,500 converts $3,325/mo rent into after a $3,130/mo obligation. Total monthly income equals $3,325/mo. Return on cash invested prints 16.46% in year one, and rental yield reads 6.24% against a $639,500 entry. Equity gained on principal adds $4,127/yr, while 5% annual appreciation compiles into $176,682 by year five. Five-year ROI reaches 84.31% and total cumulative return in cash sums $177,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,325/mo property income covering a $3,130/mo payment, not borrower’s personal income.
Single Family
Built in 2003
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92201, Indio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,307 (100%) |
| Owner Occupied HU | 12,137 (48.0%) |
| Renter Occupied HU | 9,279 (36.7%) |
| Vacant Housing Units | 3,891 (15.4%) |
| Median Home Value | $480,178 |
| Average Home Value | $519,362 |
Housing Distribution
Address Breakdown
Residential
21,120
Single Family
18,242
Multi-Family
2,878
Businesses
1,326
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Listed by: Jessica Bailey • Allison James Estates & Homes
Mls Name: CRMLS
Mls ID: #219140818DA